Whatever happened to Corbynomics?
When Jeremy Corbyn ran for the leadership of the Labour Party, he argued for a radically different approach to the austerity imposed by the Conservative Government. Many of his proposals were borrowed from economist Richard Murphy who was allowed effectively to speak on behalf of the campaign as regards economic issues.
Yet, now that Corbyn has been elected and in post for three months, we hear nothing from Murphy who – as explained in this piece – has been totally ignored by the new leadership team. So what is Labour’s alternative economic strategy and when are we going to see it articulated? Too much of the news about Labour is about process and personality. What we need is policy, opposition, and above all hope.